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Staff Costs
12 Months Ended
Dec. 31, 2020
Classes Of Employee Benefits Expense [Abstract]  
Staff costs

3. Staff costs

Included in research and development expenses:

 

 

 

2020

 

 

2019

 

 

2018

 

 

 

(in thousands)

 

 

 

£

 

 

£

 

 

£

 

Wages and salaries

 

 

3,492

 

 

 

3,304

 

 

 

2,761

 

Social security costs

 

 

430

 

 

 

395

 

 

 

314

 

Pension costs

 

 

189

 

 

 

140

 

 

 

139

 

Share-based payments

 

 

2,412

 

 

 

1,878

 

 

 

835

 

 

 

 

6,523

 

 

 

5,717

 

 

 

4,049

 

 

 

Included in administrative expenses:

 

 

 

2020

 

 

2019

 

 

2018

 

 

 

(in thousands)

 

 

 

£

 

 

£

 

 

£

 

Wages and salaries

 

 

1,387

 

 

 

1,190

 

 

 

790

 

Social security costs

 

 

135

 

 

 

115

 

 

 

75

 

Pension costs

 

 

47

 

 

 

37

 

 

 

37

 

Share-based payments

 

 

1,893

 

 

 

1,348

 

 

 

960

 

 

 

 

3,462

 

 

 

2,690

 

 

 

1,862

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total employee benefit expense

 

 

9,985

 

 

 

8,407

 

 

 

5,911

 

 

The average number of staff employed under contracts of service were:

 

 

 

2020

 

 

2019

 

 

2018

 

 

 

(number)

 

Research and development activities

 

 

24

 

 

 

23

 

 

 

18

 

Administrative activities

 

 

6

 

 

 

5

 

 

 

4

 

 

 

 

30

 

 

 

28

 

 

 

22

 

 

Directors’ remuneration & other benefits

 

 

 

2020

 

 

2019

 

 

2018

 

 

 

(in thousands)

 

 

 

£

 

 

£

 

 

£

 

Directors’ remuneration

 

 

1,167

 

 

 

1,222

 

 

 

1,143

 

Pension and other benefits

 

 

61

 

 

 

52

 

 

 

51

 

 

 

 

1,228

 

 

 

1,274

 

 

 

1,194

 

 

The number of directors who exercised share options in 2020 was nil (2019: 1; 2018: 1). The gain on exercise of these options was nil (2019: £1.4 million; 2018: £4.2 million).

 

3. Staff costs (continued)

 

The above amounts for remuneration include the following in respect of the highest paid director:

 

 

 

2020

 

 

2019

 

 

2018

 

 

 

(in thousands)

 

 

 

£

 

 

£

 

 

£

 

Directors’ remuneration

 

 

861

 

 

 

780

 

 

 

739

 

Pension and other benefits

 

 

59

 

 

 

48

 

 

 

47

 

 

 

 

920

 

 

 

828

 

 

 

786